Econocom - 2019 Universal registration document

06 consolidated financial statements

notes to the consolidated financial statements

Net debt 2018

Non-cashflows

31 ژ Dec. 2018

31 ژ Dec. 2017

Cash flows

Newly consolidated companies

Amortised cost of the loan

in € ڳ millions

Conversion Other

Cash and cash equivalents*

237.9 356.1

13.6

-

0.8

- 608.4

(5.1)

1.5

(0.1)

-

-

-

(3.6)

Bank overdrafts**

Cash and cash equivalents net of bank overdrafts (1)

232.9 357.6

13.5

-

0.8

- 604.8

(130.8) (155.7) 102.0 201.9

(0.5)

- -

0.1

(0.2) (287.1)

Commercial paper

13.1

0.9 (0.2)

317.7

Net cash at bank

Convertible bond (ORNANE)

- (184.5)

-

(1.0)

-

- (185.5)

(102.1) (149.7) (108.8)

2.5 (2) 2.7 (2)

- - -

(2.6) (2.8)

- - -

- (102.2) - (149.8) - (97.2)

Bond (Euro PP)

Bond (Schuldschein)

11.6

-

Leases with recourse

Factoring liabilities with recourse Other liabilities with recourse

(12.2)

(16.3)

-

-

-

- (28.5)

(3.1)

3.1

-

-

-

-

-

Finance lease liabilities

(4.7)

-

(1.4)

-

-

-

(6.1)

Sub-total

(380.6) (180.9)

(1.4)

(6.4)

-

- (569.4)

(278.6)

20.9

11.7 (6.4)

0.9 (0.1) (251.7)

Net debt

Positive gross cash and cash equivalents. * Including current bank overdrafts totalling €3.6 million at 31 ژ December 2018 and €5.1 million at 31 ژ December 2017. ** The €372.0 ژ million change in net cash and cash equivalents as shown in the statement of cash flows is equal to (1) the sum of monetary outflows (€357.6 ژ million) and cash resulting from newly consolidated companies (€13.5 ژ million) less translation losses (€0.8 ژ million). Monetary flows on Nonconvertible bonds corresponds to €5.4 million of interest paid over the ژ year. These interest (2) paid are shown within “Interest paid” in the consolidated statement of cash flows.

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2019 annual report